Arbor Metals Corp. (CVE:ABR – Get Free Report) shares rose 25.9% on Monday . The company traded as high as C$0.52 and last traded at C$0.51. Approximately 333,706 shares were traded during trading, an increase of 129% from the average daily volume of 145,422 shares. The stock had previously closed at C$0.41.
Arbor Metals Stock Up 64.7 %
The business’s 50 day moving average price is C$0.31 and its 200-day moving average price is C$0.38. The company has a debt-to-equity ratio of 97.78, a quick ratio of 1.49 and a current ratio of 243.01. The firm has a market capitalization of C$57.67 million, a PE ratio of -28.00 and a beta of -3.71.
About Arbor Metals
Arbor Metals Corp. identifies, acquires, explores, and develops natural resource properties in Canada. The company has interests in the Jarnet, Corvette Lake, and St. Pierre lithium projects comprising 83 map-designated claims, covering an area of approximately 5,606 hectares located in the James Bay region of Quebec.
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